Looking for the worst hedge against inflation?
A potentially toxic cocktail for the housing market is looming. Falling real incomes, rapidly rising interest rates and a looming recession put an abrupt end to the housing…
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Valery Gartung ‘opposes’ the war in Ukraine, supplies Russian army with the munitions to kill Ukrainians
Valery Gartung, a shamelessly rich Russian oligarch, tries to follow the proverb ‘don’t put all your eggs in one basket’. He invests in Russian weapon factories while at…
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Tax increase rumours, China concerns put pressure on the stock market
British blue-chip stocks fell on Friday, influenced by commodity-related stocks amid concerns about increasing COVID – 19 restrictions in China and reports that the new UK government wants…
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Parliament votes to recognise Crypto as a regulated financial means
Lawmakers from the House of Commons have voted to recognize crypto as a regulated financial means in the UK. This boosted the crypto price increases. This decision could…
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British pound is seemingly happy with Rishi Sunak
The appointment of multimillionaire Rishi Sunak as the new prime minister has given the course of the British pound, at least for the time being, a boost in…
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Rishi Sunak set to take 10 Downing Street
Boris Johnson has resigned from the Conservative party. This paves the way for former finance minister Rishi Sunak to succeed Liz Truss as prime minister. Johnson, who stepped…
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EU comes with an idea of joint gas purchases, but will it work as intended?
European leaders have agreed on further interventions in the energy market. The intention is to reduce the gas price further and that is ‘an important step’. For this…
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